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Gold/Mining/Energy : Clifton Mining (CFB-Alberta)-Silver Play -- Ignore unavailable to you. Want to Upgrade?

To: Quattro who wrote (314)	3/12/1998 4:06:00 PM
From: Joedy Speta	Read Replies (1) \| Respond to of 653

Judging by the amount of activity on this thread lately either most of the shareholders sold out around the 1.00 mark after seeing silver slide or are just plain bored at the lack of activity in the trading in Clifton,there doesn't seem to be a lot of news coming out of the company at present. Except for hiring a new P.R. firm, news has been pretty scarce.Have we seen any news how production is coming alongetc.Silver ,has in my opinion, some distance to travel to the upside. For an idea how far look at palladium ,platinum and even copper is showing signs of life which might not be a good thing for the silver market in the long term. A TSE listing would probably be a good plan also, and I don't think a NASDAQ BB listing does the company any good. So who is still in this play,myself I'm hanging in for the long term as I am sure Dan is....See ya's

To: Quattro who wrote (314)	3/13/1998 12:09:00 AM
From: Claude Cormier	Respond to of 653

<< Do you think it's solely due to silver being @ 6.18/6.21 or is there more to this?>> The stock had a run from $0.50 to $1.10 in less than 3 months. A little pause make sense. At $1.10, it was a bit overvalued given the current fundamentals. We need to be patient, but CFB should reach higher prices in the years ahead.

To: Quattro who wrote (314)	3/15/1998 8:23:00 AM
From: Dan P	Read Replies (1) \| Respond to of 653

Quattro and others: The comments regarding the stock price decline echo my sentiments. I think that the primary factor, though, is the soft silver price. The company is progressing forward with production, and have a definite plan for ramping up production, additional drilling,etc. All these things take a lot more time than we expect. Even with low silver prices, this company is profitable, and I intend to hold for the longer term. Claude, I have a question for you. More than one analyst has suggested that technically, silver has attained upside targets and is now technically not in very good shape, with a fairly long period of static prices ahead. Would be interested in your views? By the way, this has nothing to do with the fundamental picture. Regards Dan